Obama Indicates Oil Spill Will be Paid for by BP

[Nelson Muntz]

http://www.huffingtonpost.com/2010/05/02/obama-gulf-oil-spill-speech_n_560319.html

No remedy in sight, President Barack Obama on Sunday warned of a "massive and potentially unprecedented environmental disaster" as a badly damaged oil well a mile deep in the Gulf of Mexico spewed a widening and deadly slick toward delicate wetlands and wildlife. He said it could take many days to stop.

Obama rushed to southern Louisiana to inspect forces arrayed against the oil gusher as Cabinet members described the situation as grave and insisted the administration was doing everything it could. Then he took a helicopter ride over the water to view the 30-mile oil slick caused by as much as 210,000 gallons of crude gushing into the Gulf each day.

The president vowed that his administration, while doing all it could to mitigate the disaster, would require well owner BP America to bear all costs. "BP is responsible for this leak. BP will be paying the bill," Obama said after a Coast Guard briefing in Venice, a Gulf Coast community serving as a staging area for the response. He stood before cameras in a heavy rain, water dripping from his face.